RAW MATERIALS
GREAT CHANGE FOR WORSE. ALLIED & AXIS HOLDINGS. (By Telegraph—Press Association—Copyright) LONDON, October 9. The British Ambassador in Washington, Lord Halifax, quoted figures today showing how the United Nations’ control of raw materials had changed for the worse since the war began. Japan had now obtained the oilfields of the Netherlands East Indies and Germany had the Rumanian and Galician fields and part of those of southern Russia. In 1939’ the Axis Powers had no rubber except their accumulated stocks and their synthetic products. Today they had control of 91 per cent ot the world’s production. Their iron ore resources had increased from seven per cent of the world total to 24 per cent. Lord Halifax pointed out that this was to some extent offset by Allied control of materials which the enemy lacked. He instanced nickel, a vital war material which was produced almost entirely in Canada.
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Wairarapa Times-Age, 10 October 1942, Page 2
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149RAW MATERIALS Wairarapa Times-Age, 10 October 1942, Page 2
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